Director of Executive Compensation

Summary

Join Western Digital's fast-paced Compensation team as an Executive Compensation Director. This role involves managing major executive compensation initiatives, developing and administering executive compensation policies, and conducting competitive analyses. You will analyze large amounts of data, communicate findings to senior executives and the Board, and collaborate with various departments. The ideal candidate possesses expert-level data modeling and Excel skills, strong communication skills, and the ability to analyze complex problems. Reporting to the VP, Total Rewards, this position requires significant experience in executive compensation and a deep understanding of industry best practices.

Requirements

• 10+ years of relevant experience in corporate environment and/or consulting firm (prior corporate experience preferred)
• Prior experience presenting and consulting to C-Suite executives

Responsibilities

• Develop, analyze and execute competitive total compensation programs for our Executive Leadership Team (SVP+ level and C-Suite)
• Conduct ongoing competitive analyses of executive compensation programs and pay components by benchmarking against industry peers and best practices, and participation in third-party or custom surveys
• Manage the administration of our global LTI equity-based and cash-based compensation programs, including time and performance-based equity, award agreements, and equity plan governance. Collaborate with finance, legal, and other departments to ensure seamless integration and alignment of LTI programs with company policies and objectives
• Support the preparation of the Executive Compensation sections of the proxy statement, including CD&A and proxy tables
• Evaluates jobs using standard job evaluation techniques; determines levels within the executive team and benchmarks each role relative to the market
• Supports compensation processes such as merit, short-term and long-term incentive processes, including preparation of materials for the Compensation and Talent Committee of the organization’s Board of Directors. Partners with internal stakeholders to ensure data and system readiness to deliver such processes
• Supports preparation of annual proxy disclosures, the Pay versus Performance tables and disclosures, and the CEO pay ratio disclosure
• Partners with stock plan administration team to administer equity program and forecasts and monitors the company’s equity spend and burn rate to advise senior executives and the Board
• Manages monthly equity grant approval process (off-cycle equity awards)
• Survey data submission to external consultants, advisors, and proxy advisory firms to ensure alignment with our compensation strategy and governance trends
• Remains current on legal and governance developments associated with public-company executive compensation programs, including proxy advisor guidance
• Acts as internal consultant/advisor to managers and other cross functional team. Makes recommendations to senior leaders on executive compensation issues
• Creates materials to effectively communicate executive compensation programs, policies, and practices to executives
• Conducts research, including review of public-company proxies and other SEC filings to evaluate market practices for executive compensation programs. Familiar with standard research platforms, including Equilar and Capital IQ
• Effective communication skills and executive presence to advise and influence C-Suite executives

Benefits

• Short-Term Incentive (STI) Plan, which provides incentive awards based on Company and individual performance
• Annual Long-Term Incentive (LTI) program, which consists of restricted stock units (RSUs) or cash equivalents
• RSU awards are also available to eligible new hires
• Paid vacation time
• Paid sick leave
• Medical/dental/vision insurance
• Life, accident and disability insurance
• Tax-advantaged flexible spending and health savings accounts
• Employee assistance program
• Other voluntary benefit programs such as supplemental life and AD&D, legal plan, pet insurance, critical illness, accident and hospital indemnity
• Tuition reimbursement
• Transit
• The Applause Program
• Employee stock purchase plan
• The Western Digital Savings 401(k) Plan